- U.S. Coal Bankruptcies Reveal The Future Of Alberta Tar Sands: By some estimates, “the price of oil could permanently plummet to $25 a barrel by the mid-2020s...Canada's oil sands, where most projects need an oil price of $60 to $80 a barrel just to break even, would cease to make financial sense.” https://www.forbes.com/sites/prakashdolsak/2019/10/30/us-coal-bankruptcies-reveal-the-future-of-alberta-tar-sands/ 21 comments business
- U.S. Coal Bankruptcies Reveal The Future Of Alberta Tar Sands: By some estimates, “the price of oil could permanently plummet to $25 a barrel by the mid-2020s...Canada's oil sands, where most projects need an oil price of $60 to $80 a barrel just to break even, would cease to make financial sense.” https://www.forbes.com/sites/prakashdolsak/2019/10/30/us-coal-bankruptcies-reveal-the-future-of-alberta-tar-sands/ 30 comments economy